Cadence Bank (NYSE:CADE) Short Interest Up 13.8% in December
From MarketBeat:
Cadence Bank saw a 13.8% increase in short interest during December, with 8.89 million shares shorted as of December 15th. A number of institutions have increased their holdings of the bank. Analyst ratings have varied with one strong buy, five buy ratings, and a moderate consensus price target of $25.64. Cadence Bank stock traded down to $28.26 on Wednesday with a one-year high of $31.45 and a one-year low of $16.95. Cadence Bank last issued quarterly earnings of $0.56 per share, and the company has a dividend yield of 3.33%. The company offers consumer and commercial banking services, offering a dividend of $0.94 per year.
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